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Research firm IDC predicts the global datasphere will grow to 175 zettabytes in 2025, from 33 ZB in 2018. On some estimates, it would take 1.8 billion years to download that amount of data at current internet speeds. An expanding global datasphere is another boon for cloud-computing providers that store information. It also explains why…
As the boss of the world’s biggest oil company flew around the world in early June to drum up investor interest in one of the biggest share sales in recent years, he could breathe a sigh of relief. Five years after Aramco’s $29.4 billion listing had been marred by temper tantrums and U-turns that left…
The industrials sector has emerged as one of the top-performing sectors year-to-date (YTD). The Industrial Select Sector SPDR Fund NYSEARCA: XLI, a broad exchange-traded fund (ETF) that serves as a benchmark for the sector, has returned close to 9% since the start of 2025, far outpacing the growth of the S&P 500 over the same period. …
NEW DELHI: The Nifty Bank index traded around 11:10AM(IST)on Wednesday in a weak market. IDFC First Bank Ltd.(up 1.78 per cent), IndusInd Bank Ltd.(up 1.62 per cent), Federal Bank Ltd.(up 0.5 per cent) and Bandhan Bank Ltd.(up 0.12 per cent) were among the top gainers. Au Small Finance Bank Ltd.(down 2.1 per cent), ICICI Bank…
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Japan’s Nikkei share average rose on Friday and logged its best week since mid-August, but gains were capped as the yen strengthened after the Bank of Japan set the stage for future interest rate hikes The tech-heavy Nikkei ended the day up 1.53% at 37,723.91, with chip-sector stocks rallying in line with their U.S. peers….